Tata suffered hugeee losses when they had to shift nano from BENGAL thanx to mamta.... had there been a lesser chances of survival had there been any other company, coz this incident would hv brought them on d roads..... BUT EVEN that loss that tata suffered could have been compleately tken care of HAD tat PLANEED their failures in advance.............
many big companies in d WEST plan their own failures.. they tend to jot down the possible... or the worst condition that might hit the company and prepare what i call a PLAN B.... all set and ready in case the original 1 fails... dats what TATA didn do......... they never planned their failures........and 1 concept that originates fron this is RESERVE MANAGEMENT..........that helps u to plan ur failures . by keeping asisd just the RIGHT amount for those times when u just feel things r slipping out of ur hand.................
many big companies in d WEST plan their own failures.. they tend to jot down the possible... or the worst condition that might hit the company and prepare what i call a PLAN B.... all set and ready in case the original 1 fails... dats what TATA didn do......... they never planned their failures........and 1 concept that originates fron this is RESERVE MANAGEMENT..........that helps u to plan ur failures . by keeping asisd just the RIGHT amount for those times when u just feel things r slipping out of ur hand.................